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Global Surgical Cutting Devices Market 2019-2023

  • Published: Jul 2019
  • Pages: 131
  • SKU: IRTNTR31717
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The global surgical cutting devices market size will grow by USD 490.17 million during 2019-2023. This market report provides a detailed analysis of the market by product (trocars, scissors, and scalpel and blades) and geography (Asia, Europe, North America, and ROW). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including B. Braun Melsungen AG, CONMED Corp., Johnson & Johnson Services Inc., Medtronic Plc, and The Cooper Co. Inc.

Few of the key findings from this surgical cutting devices market analysis report are summarized below

Surgical Cutting Devices

 

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Global Surgical Cutting Devices Industry Overview

The rising prevalence of chronic conditions such as diabetes, cardiac conditions, and cancer has increased the need for surgical procedures. There has been a notable rise in diabetes cases in recent years in the US, which has contributed to the growth in the number of diabetic retinopathy cases. Cardiovascular conditions and cancer are prevalent among older adults across Europe. Biopsy and removal of cancerous tissues are common procedures that the majority of the cancer patients must go through. These factors have been augmenting the need for surgical and screening procedures, which is increasing the need for surgical cutting devices. Therefore, the increasing prevalence of surgical procedures due to chronic conditions across the world is one of the key surgical cutting devices market growth drivers. The market will record a CAGR of about 5% during the forecast period.

To increase surgical efficacy, leading healthcare organizations have started adopting advanced minimally invasive devices. Robotic surgeries, along with hybrid and integrated operating rooms, are mostly being preferred by end-users for performing minimally invasive surgeries and advanced medical procedures.  These operating rooms enhance patient safety, increase surgical efficacy, and can be cost-effective. The demand for technologically advanced products is increasing due to their benefits such as patient safety and reduced surgical time. Therefore, the rising focus of end-users to opt for improved healthcare infrastructure is one of the key surgical cutting devices market trends. The trend will have a positive influence on its growth over the forecast period.

Top Surgical Cutting Devices Companies Covered in this Market Research Report

The surgical cutting devices market is fragmented. To help clients improve their market positions, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. This report also includes information on the upcoming surgical cutting devices market trends and challenges that will influence market growth. This will enable companies to create strategies to make the most of future growth opportunities.

The report offers a detailed analysis of several leading surgical cutting devices manufacturers, including:

  • B. Braun Melsungen AG
  • CONMED Corp.
  • Johnson & Johnson Services Inc.
  • Medtronic Plc
  • The Cooper Co. Inc.

Surgical Cutting Devices Market Segmentation Based on Product

  • Trocars
  • Scissors
  • Scalpel and blades

The trocars market segment will account for the highest market share. The growing demand for minimally invasive surgeries such as laparoscopic surgeries and increasing product launchers are a few factors that will boost the need for trocars. This report provides an accurate prediction of the contribution of all the segments to the growth of the surgical cutting devices market size.

Surgical Cutting Devices Market Segmentation Based on Geographic Region

  • Asia
  • Europe
  • North America
  • ROW

With a complete study of the growth opportunities for companies, it has been identified that North America will account for the highest share of the surgical cutting devices market throughout the forecast period. Factors such as the rising prevalence of chronic diseases and increasing adoption of minimally invasive surgeries are contributing to the surgical cutting devices market growth in North America.

Key Highlights of the Global Surgical Cutting Devices Market Forecast Report for Period 2019-2023

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the surgical cutting devices market during the next five years
  • Precise estimation of the global surgical cutting devices market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the surgical cutting devices industry across Asia, Europe, North America, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details of factors that will challenge the growth of surgical cutting devices companies

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Trocars  - Market size and forecast 2018-2023
  • Scissors - Market size and forecast 2018-2023
  • Scalpel and blades - Market size and forecast 2018-2023
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • Asia - Market size and forecast 2018-2023
  • ROW - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Growing demand for single-use surgical cutting devices
  • Focus of end-users to opt for improved healthcare infrastructure
  • Adoption of business strategies by vendors to boost sales

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • B. Braun Melsungen AG
  • CONMED Corp.
  • Johnson & Johnson Services Inc.
  • Medtronic Plc
  • The Cooper Co. Inc.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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